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Dec 15, 2022, 12:53 PM
by
Robert E. Duquette, CPA
The new corporate alternative minimum tax (CAMT) is a significant feature of the Inflation Reduction Act of 2022. There are situations in which the CAMT could apply that would not be obvious at first.
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Dec 9, 2022, 07:00 AM
by
Jeffrey J. Schrader, CPA, MST, and Mary Lew Kehm, CPA
The tax benefits of health savings accounts and the tax reporting considerations. .
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Sep 21, 2022, 15:40 PM
by
Mark L. Lubin, CPA, JD, LLM
Explains how knowledge of certain considerations coupled with caution can spare practitioners unnecessary tax expense and exposure when structuring closely held businesses.
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Jun 21, 2022, 16:48 PM
by
Mark L. Lubin, CPA, JD, LLM
Discusses the best practices to determine tax basis of interests in business entities, including C corporations, S corporations, and partnerships while avoiding crucial errors.
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Dec 7, 2021, 09:15 AM
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Philip Karter, JD, LLM, and Kevin F. Sweeney, JD
Advises CPAs to ensure their clients are ready for a possible uptick in federal audits due to changes in tax legislation.
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Aug 31, 2021, 08:01 AM
by
Barry D. Groebel, CPA
Details an attempt to resolve a private letter ruling with the Internal Revenue Service during a time of coronavirus, offering a step-by-step walkthrough of the issue, process, timeline, and resolution.
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